A $35 Billion Stock, an SEC Halt and Suspicions of Manipulation

August 15, 2016 8:16 PM

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A $35 Billion Stock, an SEC Halt and Suspicions of Manipulation

Neuromama Ltd. might be the most prominent example, but it’s unlikely to be the only one.

On Monday, the Securities and Exchange Commission halted its shares, which trade on over-the-counter markets in the U.S., over “potentially manipulative transactions” and concerns about the “identity of the persons in control.”

Also read: KKR buys smart meter financing firm Calvin Capital

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